LIMITED PURPOSE BANKS.

SEC. 2304. LIMITED PURPOSE BANKS. (a) Growth Cap Relief.— Section 4(f)(3)(B) of the Bank Holding Company Act of 1956 (12 U.S.C. 1843(f)(3)(B)) is amended— (1) in clause (ii), by adding “or” at the end; (2) in clause (iii), by striking “; or” at the end and inserting a period; and (3) by striking clause (iv). (b) Limited Purpose Bank Exception.— Section 2(c)(2)(F) of the Bank Holding Company Act of 1956 (12 U.S.C. 1841(c)(2)(F)) is amended by inserting “, including an institution that accepts collateral for extensions of credit by holding deposits under $100,000, and by other means” after “An institution”.